Search
Four-Unit Apartment Building
For Sale
$235,000

245 Pine Street, Rumford, ME 04276

The building combines one occupied apartment with three vacant units and has a propane boiler installed in 2024.

Property Size3,350 SF
Price / SF$70.15
Days on Market114

Property Features for 245 Pine Street

General Information

Standard status Active
Size 3,350 SF
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence in need of some updates and improvements

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,034

Building Details

Building Size 3,350 SF
Year Built 1905
Buildings 1
Listing Agency: Coldwell Banker Sandy River Realty
Listed By: Charlotte Lane
Source: Hoangrealty
Added: Jul 8 Changed: Oct 27 Last Checked: Oct 27 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sandy River Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,350-square-foot apartment building contains four units, with one currently leased and three vacant. A propane boiler was installed in 2024. Built in 1905, the property requires updates and improvements and is offered in as-is condition.

Two other rental properties owned by the seller are also available and may be included in a combined sale.

Key Highlights

  • Four‑unit apartment building with 3,350 square feet
  • One unit leased; three units vacant
  • Propane boiler installed in 2024

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby

Demographics for 04276, ME

5,858
Population
3,584
Households
1.6
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
68.6 sq mi
ZIP Area
85
Density / Sq Mi
$39,522
Median Household Income
$31,654
Median Earnings
$638
Median Rent
$119,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The building combines one occupied apartment with three vacant units and has a propane boiler installed in 2024.
Where is this quadplex located?
The property is located at 245 Pine Street Rumford, ME.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four‑unit apartment building with 3,350 square feet; One unit leased; three units vacant; Propane boiler installed in 2024
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved